The $60,000 American Dream

In advance of Super Tuesday, we hope to post a series of articles about political topics that are relevant to BHS students. First up is Amanda Mei on the price of a college education.

by Amanda Mei

Class of 2016

 

While applying to universities this academic year as a senior, you have probably noticed the shockingly high college costs. As for me, half of the schools I applied to cost $60,000 a year or more, which is considerably expensive. Cost is a crucial factor in the decision to apply and attend a college, so any financial aid or scholarship is helpful. The soaring costs make you wonder if a reach school is even worth attending as student loans would haunt you for years to come. As a result, the government should cap college tuition through passing the appropriate legislation and lowering financial aid; this allows more students to attend their desired college without sky high debt.

Advocates of increased college costs claim that regulating tuition does not account for other expensive aspects of college. The opposition alleges that colleges compete by claiming to offer small classes, but that costs money; capping tuition does not change that reality. Although there are many pricey aspects of college, students and families mainly focus on tuition when applying. Since tuition is the costliest aspect, any reduction is helpful; consequently, the government should regulate tuition.

The government should cap tuition in order to lower student debt. Student debt has skyrocketed thanks to expensive tuition and financial aid. Time magazine reports that loans constitute 70% of financial aid packages, and the rising tuition burden falls right on student-borrowers. In fact, most students depend on loans to support their college years. In order to lower student debt, Congress must pass legislation that will prevent university costs from bankrupting the next generation of today’s youth. The federal plan allows student-borrowers to attend college without swimming in debt. A higher education should be available to every American – rich or poor; therefore, the government should cap college tuition.

What America needs is an affordable education. Attending a dream school is an important aspect of the American Dream for the new generation, and this opportunity can be possible by capping tuition. Without necessary regulation, a lifetime of indebtedness would ensue, which could shatter the American Dream for millions.

Amanda Mei is a student in Advanced Placement English Language and Composition.